Storper, in his suit, which also names Invesco, which bought WL Ross & Co. in 2006, and Michael Gibbons, WL Ross’ CFO, claims the investments’ “enormous gains” were kept hidden from him.

Storper said he is entitled to his share of the profits.

“Instead the defendants systematically deprived [Storper] of allocations worth millions of dollars, transferring the money to themselves, to affiliated persons or entities, or to others,” the suit alleges.

In 2013, Ross and his firm settled a shareholder suit for $81 million in which they were accused of double-dealing and breach of fiduciary duty.